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How ransomware could cripple countries, not just companies

The scale of the problem is not easy to measure. Companies that are hacked or pay a ransom are reluctant to own up to it. Rising numbers can reflect better detection rather than more attacks. But what is clear is that, after a lull in 2022, caused in part by a split between Russian and Ukrainian hackers, ransomware attacks are back at their peak. Officials expect that 2023 will turn out to be the worst year on record. The number of victims is troubling (see chart). In the…

Google Chrome Resumes Transition to Manifest V3 That Will Cripple Ad Blockers in 2024

Google Chrome will complete its transition to its Manifest V3 extension specification in 2024, the company recently announced via a blog post. The switch to Chrome's Manifest V3 from the previous version is expected to severely limit the functionality of extensions on the world's most widely used web browser — including several popular ad blockers. Google's changes are expected to affect several other browsers that also rely on the Chromium engine, while Firefox and Safari are unlikely to be affected.The search giant…

Targeting wealth managers would cripple Russia’s oligarchs, claims new study

This data visualization of nearly 80,000 financial intermediaries (yellow) and their ultra-wealthy clients in Russia (red), China (purple), Hong Kong (green), and the United States (blue) shows how wealth is concentrated in a few offshore wealth managers. Russian oligarchs especially tend to rely on experts with smaller client lists to ensure secrecy, which makes their fortunes more vulnerable to sanctions against a few key intermediaries. Credit:…

Safdarjung Hospital hit by cyberattack after hackers cripple AIIMS

A second top medical facility in the national capital suffered a cyber attack after AIIMS as nearby Safdarjung Hospital reported a hit on its servers. The fresh hacking incident comes as the All India Institute of Medical Sciences Delhi, one of India’s premier hospitals, has been in manual mode with servers down for the 11th day.  While AIIMS has been crippled and struggling to deal with the rush of patients, the cyber attack at Safdarjung Hospital was not as severe. Unlike AIIMS where medical records of…

Top Tech News Today: Twitter Layoffs to Start Today! Binance CEO Agrees, Indian Crypto Taxes Will Cripple the Industry

Twitter layoffs to start today, over 50% of the staff may lose their jobs! Read more tech news here Good morning tech fam, here are some quick tech updates for you to catch on to! What’s New Today: Microsoft plans to extend its free tech support to Ukraine throughout 2023, in order, to support the country amid continuing crises. Fast-Track Insights: Qualcomm Inc. to continue to provide modem chips for the massive range of iPhones for the year 2023, even though, during the company’s turnabout, Qualcomm was expected to…

What is ‘FDPR’ and why is the US using it to cripple China’s tech sector

They did it to Huawei. They used it on Russia. Now, the United States is going after China's advanced computing and supercomputer industry. The weapon? A little-known rule that enables US regulators to extend their technology export control powers far beyond America's borders to transactions between foreign countries and China. The provision called the foreign direct product rule, or FDPR, was first introduced in 1959 to control trading of US technologies. It essentially says that if a product was made using American…

Bed Bath & Beyond merchandise problems could cripple turnaround plan

A person exits a Bed Bath & Beyond store in New York City, June 29, 2022.Andrew Kelly | ReutersBed Bath & Beyond is betting on a drastic change in strategy and well-recognized brands to revive its struggling business. But the retailer's strained relationships with suppliers of products such as air fryers and stand-mixers – some of which were missing from shelves two holiday seasons ago – could leave stores without hot items once again. Out-of-stock products could cripple Bed Bath's already-declining sales and push…